Shandong Hi-Speed Co (SHSE:600350) Change In Inventory : ¥0 Mil (TTM As of Mar. 2024)

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What is Shandong Hi-Speed Co Change In Inventory?

Shandong Hi-Speed Co's change in inventory for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shandong Hi-Speed Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Shandong Hi-Speed Co's change in inventory for the fiscal year that ended in Dec. 2023 was ¥135 Mil. It means Shandong Hi-Speed Co's inventory declined by ¥135 Mil from Dec. 2022 to Dec. 2023 .

Shandong Hi-Speed Co's Total Inventories for the quarter that ended in Mar. 2024 was ¥968 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Hi-Speed Co's Days Inventory for the quarter that ended in Mar. 2024 was 29.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Hi-Speed Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.08.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Shandong Hi-Speed Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

Shandong Hi-Speed Co Change In Inventory Historical Data

The historical data trend for Shandong Hi-Speed Co's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shandong Hi-Speed Co Change In Inventory Chart

Shandong Hi-Speed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-575.53

470.31

-12.38

1,199.59

134.87

Shandong Hi-Speed Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Shandong Hi-Speed Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Shandong Hi-Speed Co (SHSE:600350) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Shandong Hi-Speed Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	947.5275	/	2916.093	*	365 / 4
	=	29.65

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Shandong Hi-Speed Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2916.093	/	947.5275
	=	3.08

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Shandong Hi-Speed Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	947.5275	/	4531.518
	=	0.21

Shandong Hi-Speed Co Change In Inventory Related Terms

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Shandong Hi-Speed Co (SHSE:600350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Hi-Speed Co Ltd (SHSE:600350) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101

Website

http://www.sdecl.com.cn

Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

Executives

Zhang Xiao Bing	Director
Sai Zhi Yi	Director
Liu Jia Rong	senior management
Chang Zhi Hong	senior management
Zhang Jun	senior management
Sui Rong Chang	Director
Lv Si Zhong	Director
Zhou Liang	senior management
Kang Jian	senior management
Wang Xiao Lin	Director

Shandong Hi-Speed Co (SHSE:600350) Headlines

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